A new name has emerged on the shipowning scene this week, securing its first purchase with the expectation of more to follow.
Anglo Investments has put down $34m to break into the market with the addition of two kamsarmax bulkers, which appear suitably named for a debut deal.
Brokers say the 82,000-dwt Orient Hope and Orient Fortune (both built 2013) were secured at $17m each, which is considered a competitive price in today's recovering dry cargo market.
